Man Owes Uncle Sam Big After Winning Donuts

A Houston man is on the hook for $237 in taxes after winning over 300 coupons for free coffee and donuts at a fan appreciation day during a Houston Astros game.

Bob Choate received his 1099 on his winnings valued at over $900.  Federal law requires that a 1099 be issued for any prize given out over $600.

After an unsuccessful round of talks with the Astros, Choate said Lawrence Shipley, owner of the Houston-based chain, agreed to write him a check to make up for the difference in taxes created by the $927.61 in income from his prize. (Houston Chronical)